Question
A 10-year Government of India bond with a face value of
₹1,000 and a fixed coupon rate of 7% is currently trading in the secondary market at ₹1,050. Which of the following statements is correct regarding this bond?Solution
When a bond's market price (₹1,050) is higher than its face value (₹1,000), it is said to be trading at a premium. Because bond prices and yields have an inverse relationship, a higher price results in a yield that is lower than the fixed coupon rate. In this scenario, the investor pays more upfront for the same fixed interest payments, thereby reducing the effective return or YTM.
Lokpal refers a complaint against a Group C Central Government employee to CVC under the Lokpal Act. After preliminary inquiry, CVC finds prima facie vi...
Read the following statements thoroughly:
1. Companies may be liable for failure to prevent bribery.
2. Companies may defend themselves by...
Where, without delivering possession of the mortgaged property, the mortgagor binds himself personally to pay the mortgage-money, in the event of his f...
Who is responsible for appointing the Chairperson of the Adjudicating Authority under the PMLA?
Managing director will be counted as _____________ while calculating the maximum limit of managerial remuneration in case of private company.
Consider the following statements regarding burden of proof under PCA, 1988:
Statement 1: The prosecution must prove guilt beyond reasonable do...
The famous case of Anuradha Bhasin v. Union of India is related to
Which schedule of the PMLA lists the offences that are considered “scheduled offences”?
According to Section 2(6) of the Registration Act, 1908 immovable property does not include_______.
In the context of Intellectual Property Rights, what is the key distinction between "Assignment" and "Licensing" of IP rights?
